August 28, 2010
What is the best way to buy gold coins (Krugerrands etc.) in Europe?
Best means:
- low dealer commission,
- certified source,
- preferably prices and the like available in the Internet.
Filed under Certified Gold Coins by on Aug 28th, 2010. Comment. 
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Comments on What is the best way to buy gold coins (Krugerrands etc.) in Europe?
I can’t suggest somth9ing that I don’t believe in and I am confident will lose money over time.
If you live in Europe, I’d be looking at shorting the EU, and going long the USD.
The economy is on a downward trend. Gold will not save it.
I don’t know how things work across the pond, but here in the states, I buy from a local coin dealer. They have Kruggerands, and other gold bullion coins. I have also heard good things about www. kitco. com.
Like poster #1, I am not a big believer in gold as an investment. As a hedge against a global meltdown fine. But as a long term investment, no way. I would much rather have a good stock mutual fund.
I’m in the USA, but unlike the previous 2 posters, I think the US dollar is riding a wave of mindless exuberance, and I think the price of gold is going to skyrocket over the next few years. If I could invest my whole 401K in gold, I would. It will withstand the ravages of inflation like nothing else.
Anyway, here in the US, often coin shops carry “bullion” coins, which are not valued because they are rare, but for their gold content. I buy krugerrands for a small premium over “spot”.
You can look at spot prices here:
http://www. kitco. com
Grandpa